Following last July’s announcement of an extended commercial alliance with Royal Dutch Shell plc (“Shell”), Iogen today announced it has shipped the first 100.000 litres (26,417 gallons) of an initial 180.000 litre (47,550 gallons) cellulosic ethanol order from Shell.
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| © Iogen Corporation |
The fuel, produced from wheat straw at Iogen’s Ottawa demonstration facility, is being purchased by Shell for use in upcoming fuel applications. Iogen, which produced its first cellulosic ethanol in 2004, says it views the current purchase as the first of many opportunities for Shell and Iogen to jointly showcase the technical and commercial viability of cellulosic ethanol.
“The sale of this fuel reinforces the new commercial alliance between Shell and Iogen announced this summer,” says Iogen Executive Vice President Jeff Passmore. “It is part of our focus on accelerating the deployment of next generation biofuels.”
In July, 2008, Shell announced a significant investment in technology development with Iogen Energy Corporation, a jointly owned development company of Shell and Iogen’s that is dedicated to advancing cellulosic ethanol. The arrangement also saw Shell increase its shareholding in Iogen Energy Corporation from 26.3% to 50%. Shell first took an equity stake in 2002. Iogen’s cellulosic ethanol is made from agriculture residues such as cereal straw and corn cobs and stalks.
Source
Iogen Corporation, press release, 2008-09-25.
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